Environmental corporate social responsibility: A note on the first-mover advantage under price competition

Environmental corporate social responsibility: A note on the first-mover advantage under price competition
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发表时间:
2017-01
期刊:
影响因子:
0.6
通讯作者:
Kosuke Hirose;Sang‐Ho Lee;Toshihiro Matsumura
Kosuke Hirose;Sang‐Ho Lee;Toshihiro Matsumura
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作者:
Kosuke Hirose;Sang‐Ho Lee;Toshihiro Matsumura

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我们考虑一个模型,其中两家公司选择是否采用环境企业社会责任政策,然后在价格竞争下面临斯塔克尔伯格竞争。我们表明,先发者具有优势,这与标准价格竞争模型中常见的后发者优势形成鲜明对比。
We consider a model in which two firms choose whether to adopt environmental corporate social responsibility policies and then face Stackelberg competition under price competition. We show that the first-mover has the advantage, which is in contrast to the second-mover advantage typically seen in standard price competition models.